Common use of Changes in Offices Clause in Contracts

Changes in Offices. No Security Party shall change the location of the chief executive office of any Security Party, the office of the chief place of business of any Security Party, or the office in which the records relating to the earnings or insurances of the Vessel is kept unless the Lenders shall have received sixty (60) days prior notice of such change.

Appears in 2 contracts

Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

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Changes in Offices. No Security Party shall change the location of the chief executive office of any Security Party, the office of the chief place of business of any Security Party, or the office in which the records relating to the earnings or insurances of the Vessel is Vessels are kept unless the Lenders shall have received sixty (60) days prior notice of such change.

Appears in 2 contracts

Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

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